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What is Velocity Payment System?

Velocity web solutions are crafted for rapid deployment and offer seamless integration with existing CRM systems, accounts receivable, and accounting infrastructures. They deliver a holistic turnkey implementation process, alongside thorough training programs, consulting services, and continuous technical support, guaranteeing that personnel receive assistance at any hour. With the ability to provide real-time online reporting, Velocity adeptly transmits collections data to back-office systems, establishing itself as a flexible and easily implementable choice. Beyond standard payment gateways, Velocity introduces a strong payment solution that caters to both one-time and recurring consumer transactions. Their all-encompassing strategy encompasses not just installation and training, but also specialized support services focused on improving user experience and satisfaction. Additionally, the user-friendly interface ensures that employees can navigate the system with ease, further contributing to operational efficiency. Ultimately, Velocity strives to simplify financial operations, making it an invaluable resource for enterprises in need of effective payment processing solutions.

What is Nelnet Velocity?

We present an advanced solution for loan origination and servicing that empowers you to excel in the digital age. Our platform is distinguished as the most flexible and customizable choice available within the financial services industry. Nelnet Velocity, built for white-label servicing, operates seamlessly on a cloud infrastructure. With its microservices architecture, Nelnet Velocity facilitates the personalization of features to align with your specific business requirements. The API-first design accelerates development processes, simplifies system integrations, and guarantees real-time data accessibility. By providing a groundbreaking loan origination and servicing platform that transforms the technology of financial services, Nelnet delivers exceptional value to our partners and clients across various sectors, helping them stay competitive in an ever-changing marketplace. Furthermore, we are dedicated to innovation, constantly improving our offerings to address the new challenges that arise in the financial field. This ongoing evolution ensures that our clients are well-equipped to adapt and succeed in a dynamic environment.

Media

Media

Integrations Supported

Genius Learning
Site Stacker

Integrations Supported

Genius Learning
Site Stacker

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Govolution

Company Website

www.govolution.com/solutions/products/web-payments

Company Facts

Organization Name

Nelnet

Company Location

United States

Company Website

nelnetinc.com/capabilities/consumer-services/nelnet-velocity/

Categories and Features

Payment Processing

ACH Check Transactions
Bitcoin Compatible
Debit Card Support
Gift Card Management
Mobile Payments
Online Payments
POS Transactions
Receipt Printing
Recurring Billing
Signature Capture

Categories and Features

Loan Origination

Amortization Schedule
Audit Trail
Closing Documents
Compliance Management
Customer Database
Digital Signature
Document Management
Fee Management
Loan Processing
Online Application

Loan Servicing

Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans

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